The Palatka daily news. (Palatka, Fla.) 1884-1888, 1887-04-17
SPURIOUS VIRGINIA BONDS.
Strange Result of Quarrel Between the
state and Engraving Company.

state and an Engraving Company.
RICHMOND, VA, April 16--Quite a
sensation was created here to-day in
financial circles and among State officials
by the discovery that an unknown guam
tity of spurious Virginia bonds, known
as Riidleberger bonds. We're for sale i'm
Northern markets. During the past two
days kilograms were received here by
banking and brokerage firms. from New
York and Boston, asking for prices of
Virginia threes of 1882. due 1892, inter
est January and July. The numbers of
the bonds being asked for, it was found
that there were no coupons outstanding
of the bonds named, which gave rise to
the suspicion that something was
wrong.
The Boston firm then shipped $l4 600
of the Virginia threes as described. They
We're received here this morning and
taken to the State officers for inspection.
They were at once pronounced fraudu-
lent bonds with forged names attached.
The New York firm offered similar
amount to that of the Boston firm, and
81 200 bond of the same description was
received by another firm of brokers,
making in all $29, 900 in bonds with all
the coupons attached.
The explanation arrived at is that dur
ing the legislative session of 1882 the
Kendall Bank Note Co., of New York,
engraved bonds for the entire issue of
Riddleberger's, under the authority
of an act known as the Riddleberger
Act. These bonds were well executed
and were accepted by the State but were
subsequently rejected and the contract
for executing the bonds was given to
the American Bank Note Co, of
New York. The Kendall Co., however,
shipped the bonds in three boxes, one of
which the State refused to receive. The
other two they took and paid the xpress
charges on them. The first box, contain
ing bonds of the denomination of 81 900
each from No. to No. 432, were re-
turned to New York. The Kendall Com
pany refused to take them back. 1t is
now believed that this box of bonds was
sold by the express company afterwards
as an unclaimed package.
1t evidently fell in to the hands of
sharpers who forged the name of ID. r.
Rively," Treasurer, and Il A. Smith"
Second Auditor and proceeded to dis
pose of them. 1t is not known what
amount of spurious bonds are on the
market. ID. X. Rively was Treasurer
but |. 4. Smith is a fiction.
Revolt In a Prison.
RALEIGH, y. C., April 16.-Cousidera-
BILE of an emeute occurred at the State
penitentiary here about ) O'Clock this
evening. 1t began by the insubordina
tion of one prisoner who drew knife
and refused to obey orders. He was
knocked down by tine guard and taken
To the hospital. Most of the convicts
then refused to 60 into their cells The
city police force and Governors Guards
were called To the aid of the penltenti-
airy authorities. At 2 o'closI the dis
turbance had not been quelled, some
thirty - forty convicts still remaining
la the corridors. The management is
firm and wise. however, and will doubt
less secure order without loss of life.
The Chicago CarPenters' strike Over.
CHICAGO, April 16.-1he strike of the
carpenters was practically declared of
this morning. The Executive Board of
the Central Council met at an early
hour and discussed the outlook. The re-
suit was that an order was issued To the
man ~ r.S.,u,a WORK Monday for all
bosses who will pay thirty-five cents an
hour and make the working day eight
hours. The strikers are being notified of
this decision through walking delegates
and by all other means which their Off
Gers have at their disposal.